Week 10 (10/23-28) results...

bisbee · Oct 31, 2012

24Seven said: ↑

I've been away for awhile because of Sandy, but looking at these numbers, I'd have to agree with the others who have weighed in that it's difficult to believe Akron soccer turns a profit. The unmbers above account for 350K in costs straightaway. You still have to account for travel to games (no secret Akron travels well), recruiting travel (granted, Porter may hide this under U.S. soccer since all of his guys come from Residency), recruiting literature and communications, meals, uniforms (especially when they travel to Penn State), scholarships, field maintenance, the other coaches' salaries, etc. It would appear from just a SWAG, Akron soccer would have to make over 2 million $$ in game receipts and camps to turn a profit. Its tough to believe that can happen in 8-10 games where utilities, restroom maintenance, etc also slices into profit.
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Most of the players do not come from residency.

24Seven · Oct 31, 2012

bisbee said: ↑

Most of the players do not come from residency.
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That may be more impression than fact. I keep forgetting there are more than 12 players on Akron. Seriously, am I missing something on the other costs? Are they really profitable?

Sandon Mibut · Oct 31, 2012

24Seven said: ↑

That may be more impression than fact. I keep forgetting there are more than 12 players on Akron. Seriously, am I missing something on the other costs? Are they really profitable?
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No.

TimB4Last · Oct 31, 2012

bisbee said: ↑

Most of the players do not come from residency.
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They now come from polymers.

Sandon Mibut · Oct 31, 2012

TimB4Last said: ↑

They now come from polymers.
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That's what Artie Fufkin says.

collegesoccer · Oct 31, 2012

24Seven said: ↑

I've been away for awhile because of Sandy, but looking at these numbers, I'd have to agree with the others who have weighed in that it's difficult to believe Akron soccer turns a profit. The unmbers above account for 350K in costs straightaway. You still have to account for travel to games (no secret Akron travels well), recruiting travel (granted, Porter may hide this under U.S. soccer since all of his guys come from Residency), recruiting literature and communications, meals, uniforms (especially when they travel to Penn State), scholarships, field maintenance, the other coaches' salaries, etc. It would appear from just a SWAG, Akron soccer would have to make over 2 million $$ in game receipts and camps to turn a profit. Its tough to believe that can happen in 8-10 games where utilities, restroom maintenance, etc also slices into profit.
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... and most importantly no TV money. That is the only way football and basketball do it at the bigger schools.

BigSalmon · Oct 31, 2012

AkronsBobert said: ↑

Akron's soccer program does make more money than spends.
- Season tickets: 1,800+ for $130, $110, $75 makes over $200,000. The entire grandstand sells out to season ticket holders every year. The grandstand goes for $130 for chairbacks (500), $110 for bleachers (1,000).
- Corporate Sponsors: over $100,000, the stadium is filled with with sponsors and both Cub Cadet and First Energy both spent a lot on stadium naming rights.
- Summer Camps: around $1,000,000 from summer camps. Akron had around 20 different summer camps that sold out and cost around $200 per child. Was told that the attendance is around 5,000.
- Concessions: $50,000+ with around 30,000 people attending games every year.
- Merchandise: $100,000+ with jerseys being an extremely popular item for children.

Akron's program grosses around $2 million per year with an operation budget around $1 million.
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Unless you can find me a link that says Mr.Porter donates all of his summer camp earnings to the university annually, I don't believe Caleb Porter spends majority of his summer working for free at UA camps instead of spending time with his family with his incredible 300k salary.
The 1,000,000 you pointed out, would go to the volunteer assistant coach and assistant coaches, after Porter cuts his share and the expenses of renting out the school dorms&dining halls.

Therefore, Akron soccer is also, NON-Revenue

WolverineFutbol · Oct 31, 2012

Michigan 2, Detroit 1 last night in Ann Arbor.